economic uncertainties News

Global FMCG Giants Turn to India for Growth Amid Economic Uncertainties Worldwide

Global FMCG companies are increasingly relying on India for growth due to steady consumption and favorable market conditions, despite global economic challenges. India's large popu...

American Airlines Reports Slight Revenue Dip to $12.6B in Q1 2024 Amid Economic Uncertainties

American Airlines reports a 0.2% revenue decline to $12.6B in Q1 2024, with a net loss of $473M. The airline withdraws full-year guidance due to economic uncertainties, but CEO exp...

American Airlines Reports Slight Revenue Dip to $12.6B in Q1 2024 Amid Economic Uncertainties

American Airlines reports a slight revenue dip to $12.6 billion in Q1 2024, with a net loss of $473 million. The airline withdraws full-year guidance amid economic uncertainties, a...

Fitch Downgrades 2025 Global Auto Outlook Amid Rising US Tariffs and Economic Uncertainties

Fitch Ratings downgrades the 2025 global automotive sector outlook to 'deteriorating' due to US tariffs on imported vehicles, warning of production cuts, increased costs, and weake...

Gold Prices Soar to Unprecedented Heights Amid Global Economic Uncertainties

Gold prices have surged to historic highs, with Saigon Jewelry Company's gold bar rising 5.08% to VND124 million per tael and global spot gold hitting a record $3,500.05 per ounce....

Vietnam's Gold Market Soars to Unprecedented Heights Amid Global Economic Uncertainties

Vietnam's gold market hits record highs with Saigon Jewelry Company gold bar prices jumping 2.54% to VND121 million per tael. Global spot gold also rises, reflecting investor fears...

Gold Futures Soar to Unprecedented Rs 97,000/10g Amid Global Economic Uncertainties

Gold prices reached a historic high of Rs 97,000 per 10 grams in futures trade, driven by strong local demand and global economic uncertainties. The rally reflects concerns over US...

Infosys Forecasts a Modest 0-3% Revenue Growth for FY26 Amid Economic Uncertainties

Infosys forecasts a modest 0-3% revenue growth for FY26, citing macroeconomic uncertainties and tariff concerns. Despite challenges, it maintains a 20-22% margin guidance, marking ...

Gold Prices Soar to Unprecedented Heights Amid Global Economic Uncertainties

Gold prices have surged dramatically, with Saigon Jewelry Company's gold bar jumping 2.16% to VND118 million per tael. Globally, bullion hits a record high of $3,339 per ounce, wit...

Gold Prices Soar to Unprecedented Heights Twice in a Single Day Amid Global Economic Uncertainties

Gold prices reached record highs twice in one day, driven by global economic uncertainties and trade war concerns. The Saigon Jewelry Company reported significant increases in gold...

March Sees Unexpected Drop in US Consumer Confidence Amid Economic Uncertainties

US consumer confidence unexpectedly dropped in March, with the Consumer Confidence Index falling to 57 from February's 64.7. The decline reflects widespread concerns across all dem...

Global Gold Prices Edge Higher Amid Economic Uncertainties and Tariff Tensions

Gold prices are on the rise globally, with spot gold holding steady at $3,019.72 an ounce. The market is reacting to potential U.S. tariff plans, which could fuel inflation and hin...

Gold Prices Experience Significant Drop After Surpassing Historic Highs: What Investors Need to Know

Gold prices have seen a notable decline after reaching historic highs, with Saigon Jewelry Company's gold bar prices dropping nearly 3% from their peak. Globally, gold fell 1% due ...

Bank of England Holds Steady: Interest Rates Remain at 4.5% Amid Economic Uncertainties

The Bank of England has decided to keep the interest rate unchanged at 4.5%, citing ongoing economic uncertainties and challenges in meeting the inflation target. Despite progress ...

Gold Prices Soar to Unprecedented Heights Twice in a Single Day Amid Global Tensions

Gold prices hit unprecedented highs twice in one day, with significant increases in both gold bar and ring prices. This surge is attributed to global tensions and economic uncertai...

Wall Street Dips as Investors Weigh Trump Policies and Gaza Conflict Impact

Wall Street opened lower on Tuesday as investors grappled with the uncertainties surrounding US President Donald Trump's policies and the renewed conflict in the Gaza Strip, leadin...

Uncertainties Loom as Wall Street Dips: A Closer Look at Market Reactions

Wall Street experienced a downturn at the opening bell, with major indexes like the Dow Jones and Nasdaq 100 facing losses. Investors are wary of the economic and geopolitical unce...

US Stock Market Surges: Dow Jumps 200 Points Amid Economic Uncertainties

The US stock market opened higher with the Dow Jones gaining 200 points amid economic uncertainties. Tech and beauty stocks led the surge, while the euro strengthened against the d...

Gold Prices Soar to Unprecedented Heights Amid Global Economic Uncertainties

Gold prices have reached a new record high, driven by global economic uncertainties and a cooler-than-expected U.S. inflation print. Analysts predict further increases, with a targ...

OPEC Maintains Global Growth Forecast at 3.1% for 2025 Amid Economic Uncertainties

OPEC has maintained its global economic growth forecast for 2025 and 2026 at 3.1% and 3.2%, respectively. The report also provides steady GDP growth projections for the US, Eurozon...

Delta Air Lines Adjusts Q1 Expectations Amid Economic Uncertainties

Delta Air Lines has revised its first-quarter guidance for fiscal 2025, citing economic uncertainties affecting consumer and corporate confidence. The airline now expects a modest ...

Global Economic Uncertainties Fuel Slight Rise in Gold Prices

Gold prices have seen a slight increase globally, influenced by a weakening dollar and uncertainties around U.S. trade policies. Experts remain optimistic about gold's outlook, cit...

South Korea's Loan Growth Hits Record Low Since 2008, Triggered by Global and Domestic Uncertainties

South Korea's loan growth hits a record low since 2008, influenced by global and domestic uncertainties. The annual loan growth rate dropped to 3.8%, with significant impacts on va...

ECB Unanimously Decides on Rate Cuts: Lagarde Highlights Economic Uncertainties

ECB President Christine Lagarde announced a unanimous decision to cut interest rates, highlighting the positive impact on borrowing and lending. Despite uncertainties, the ECB rema...

Fed's Barkin Advocates for Cautious Rate Strategy Amid Inflation Uncertainties

Federal Reserve Bank of Richmond President Tom Barkin discusses the challenges of managing inflation and interest rates amidst economic uncertainties, including tariffs and labor s...

South Korea's Household Loans Dip for the First Time in 10 Months Amid Rising Economic Concerns

South Korea's household loans saw their first decline in 10 months, decreasing by 900 billion won in January. This shift is attributed to economic uncertainties and a slowdown in h...

Fed Chair Powell Assures No Rush in Adjusting Policy Stance Amid Economic Uncertainties

Federal Reserve Chair Jerome Powell reaffirms the central bank's cautious stance on adjusting monetary policy, emphasizing a data-driven approach to future decisions and readiness ...

ECB Maintains Neutral Rate Estimate Amidst Economic Uncertainties

The European Central Bank (ECB) reaffirms its neutral interest rate estimate between 1.75% and 2.25%, acknowledging the challenges in its application due to economic uncertainties ...

January Sees UK Construction Sector Entering Contraction Zone Amid Economic Uncertainties

The UK construction sector entered contraction in January 2024, with the PMI dropping to 48.1 due to declines in residential work and civil engineering, amidst economic uncertainti...

Fed's Goolsbee Cautions Against Hasty Rate Cuts Amid Economic Uncertainties

Chicago Federal Reserve President Austan Goolsbee emphasizes the need for caution in cutting interest rates due to economic uncertainties and the challenge of distinguishing betwee...

Goolsbee Advises Caution: Navigating the Complexities of Rate Cuts Amid Economic Uncertainties

Chicago Federal Reserve President Austan Goolsbee emphasizes the need for caution in cutting interest rates due to economic uncertainties, highlighting concerns over potential infl...

Intel Faces a Challenging Quarter: Q4 Revenue Drops 7% to $14.3 Billion Amid Economic Uncertainties

Intel Corporation reports a 7% decrease in Q4 2024 revenue to $14.3 billion, with a significant drop in GAAP diluted loss per share. The company forecasts a challenging Q1 2025, in...